ABB has been awarded a contract to modernize automation and safety control systems on the Buzzard offshore platform, supporting continued operations at one of the UK’s largest producing oil fields in the North Sea.
TGS has signed an agreement with Equatorial Guinea’s Ministry of Hydrocarbon and Mining Development to create the country’s first offshore large-scale multi-client seismic dataset, the company said on Wednesday.
Technip Energies and its partners have secured an engineering, procurement, construction, installation and commissioning (EPCIC) contract for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique.
Aberdeen’s offshore engineering capabilities are playing a growing role in supporting fast-track deepwater development in West Africa, as Altera Infrastructure highlighted this week at the Wider African Energy Summit in Aberdeen.
Acting Chief Executive Officer-Petroleum Commission Victoria Emeafa Hardcastle has announced that the Ghana National Petroleum Corporation (GNPC) will drill two exploratory wells in the Voltaian Basin by third-quarter next year.
Mr. Joseph Nelson, the Western Regional Minister, has urged stakeholders in the petroleum industry to ensure that the sector’s benefits are transmitted to the local communities.
“The sector placed on us the duty to ensure that the benefits of petroleum development translate into real, lasting improvements in local livelihoods and community well-being
Nigeria’s national oil company is set to increase oil production to 2 million barrels daily over the next two years, its executive vice president for upstream said. By 2030, NNPC will be pumping 3 million barrels daily, Udy Ntia also said, as quoted by the News Agency of Nigeria.
Libya’s National Oil Corporation (NOC) said on Tuesday its wholly-owned subsidiary Arabian Gulf Oil Company (ACOGO) has made a new oil discovery in the Ghadames basin in northwestern Libya, close to the Libyan-Algerian border.
In a statement posted on its website recently, 80 Mile Plc announced that an independent petroleum reserves and resources evaluation identified “13 billion barrel potential” at Jameson Land Basin in Greenland. “80 Mile plc … notes the recent announcement … by its U.S. joint venture partner, March GL Company and Pelican, regarding the results of an independent assessment and […]
SM Energy Co. and Civitas Resources Inc. have agreed to merge in an all-stock transaction valued at approximately $12.8 billion, creating one of the largest independent oil-focused producers in the United States. Under the terms of the agreement, Civitas shareholders will receive 1.45 shares of SM Energy common stock for each Civitas share. Upon completion, […]